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NDB bank launches second SL Vanithabhimana programme
NDB bank recently launched the second Sri Lanka Vanithabhimana Programme for 2021. The second launch however also focuses on a new sector, the corporate and the professional females of the country.
According to a report by the…
Sumathi Holdings journeying with heritage towards modern technology
Sumathi Holdings, a large and extensively diversified business conglomerate in Sri Lanka began its monumental journey soon after Sri Lanka received Independence in 1948. Backed by a rich history and heritage, U. W. Sumathipala &…
SLRA displeased over double standards between supermarkets, other shops
Sri Lanka Retailers Association (SLRA), is requesting the government to stop the ‘double standers’ that are being imposed by the health authorities when it comes to the opening of supermarkets as against other shops.
“While over…
Govt’s strategic intervention must for Structural transformation – Prof. Ha-Joon Chang
Structural transformation towards economic activities that require higher technologies, higher skills, and better managerial technologies is an imperative for Sri Lanka, Prof. Ha-Joon Chang-Director of Centre of Development Studies,…
Local power generation players’ overseas operations productive
Overseas operations by local Power Generation players mainly positioned in Bangladesh and Uganda and some African countries are turning out to be very productive for local companies, says ‘GREEN ENERGY; (RENEWABLE ENERGY) report…
Rakshaa signs with BOI for expansion of operations
The Board of Investment (BOI) of Sri Lanka recently signed an agreement with Rakshaa (Pvt) Ltd, for the expansion of their existing operations, which will now include high-quality ladies fashion garments and sportswear.
Rakshaa…
SL maintains unblemished record in Debt Servicing
Despite the exerted pressures due to the pandemic, Sri Lanka so far maintained an unblemished record of debt servicing, Ministry of Finance Mid-Year Fiscal Position Report 2021 said.
Foreign debt to GDP ratio slashed to 40%. The…
Amana Takaful Insurance records 18% overall general sales growth in Q2
Amana Takaful Insurance (ATI), Sri Lanka’s fully fledged insurance company, announces that its 2021 first quarter record performance has been successfully sustained during the second quarter as well. ATI has triumphed Q2, with an 18%…
Hayleys Plantations’ KVPL gets world’s first Sustainability Framework Certificate
Kelani Valley Plantations PLC (KVPL), a member of the Hayleys Plantations sector, set a new global benchmark for the plantations industry, as all ten of its rubber estates received the world’s first Sustainability Framework…